Al Ittihad club president Anmar Al-Khaili Al-Bushra announced to his club’s fans that he had fulfilled all the financial obligations necessary to obtain an Asian license, giving the Al-Ittihad team the right to participate in the AFC Champions League. Al-Khaili wrote via his personal Twitter account “Asian License”, indicating that the club had met the financial conditions required to obtain an Asian license.
This announcement comes from the president of the federation a few hours before the deadline for meeting the financial standard for obtaining a license, since the deadline ends on Friday, as the federal administration must submit documents confirming the implementation of the financial standard to the Licensing Committee. Pro League on Friday and the committee will review all the paperwork to make a decision to announce the Asian license holders in mid-May next year, with the Jeddah Federation unable to take part in the last two AFC Champions Leagues. , after the club failed to meet the financial standard.
The financial liability item includes contributions from clubs, players, technical and administrative staff of the football sector, in addition to having 7 other items to be assessed, and the financial criterion is one of the 5 criteria that must be met to obtain an Asian license that are sports , administrative, legal, infrastructural and financial standards, the latter being the most difficult due to the presence of debts accumulated by clubs due to late payments for any in-game items or fines due to court decisions.
Al Ittihad became the first Saudi club to win Asia’s biggest club competition, now called the AFC Champions League, when it won the title in 2004 and 2005.
